A big gamble by General Motors (GM) is causing consternation among its dealers in the all-important race to sell cars, namely electric vehicles. As the auto industry prepares for its big electric transition, GM’s decision to phase out smartphone-like software like Apple CarPlay in its future electric vehicles has some dealerships puzzled. That’s because drivers … Read more
Text size Aerospace giant Boeing reported strong aircraft deliveries in the second quarter. A higher number of orders means that the order book has increased, which is good for sales and profits. Brendon Thorne/Bloomberg Boeing delivered more jets than expected in the second quarter and shares rise in Tuesday trading. Deliveries aren’t the main reason … Read more
Text size Cathie Wood’s ARK Innovation is on course for its highest close since August 2022. Kyle Grillot/Bloomberg At Cathie Wood’s ARK Innovation ETF increased after the announcement of the Nasdaq 100 will rebalance the weightings of its constituents. On July 7, the Nasdaq announced that the Nasdaq 100 the index will undergo a “special … Read more
Warren Buffett added to his bet on liquefied natural gas on Monday evening, with Berkshire Hathaway (BKRA) agreeing to buy Dominion Energy(D) Maryland-based Cove Point LNG export plant in a $3.3 billion deal. X Buffett’s Berkshire Hathaway Energy announced on Monday that it is buying Dominion Energy’s 50% stake in the Cove Point LNG terminal. … Read more
Microsoft can complete its $75 billion purchase of Activision Blizzard, under judge’s rules
When looking for risk/reward games, look no further than penny stocks. These names that trade at less than $5 a share are considered some of the most controversial on the street and divide market watchers into two factions: critics and fans. The first brings a valid argument to the table. Stocks aren’t just trading at … Read more
The giants of the Dow Jones Industrial Average 3M (MMM) and disney (DIS) were among the top premarket movers on Tuesday after a series of analyst updates. Both DIS and MMM stocks rose early in the stock. X 3M Banc of America Securities upgraded industrial manufacturing giant 3M to neutral from underperforming on Tuesday. 3M … Read more
Text size Disney stock looks attractive, according to Wall Street analysts. Joe Raedle/Getty Images Amazon The best days of shopping are here and everyone loves a bargain, especially investors. SO Barrons searched the stock market for some and found 15 stocks ready to go up. We started with the S&P 500, looking for the most … Read more
Dow Jones futures rose slightly Tuesday morning as second-quarter earnings begin to trickle in and Wall Street awaits Wednesday’s release of the consumer price index, or CPI. The best stocks to buy and watch include tech titans Metaplatforms (META) and Nvidia (NVDA). X Early Wednesday, Wall Street expects monthly increases of 0.3% in headline and … Read more
Text size Apple stock is hovering around the $3 trillion market cap level. Eric Thayer/Getty Images Apple has pulled back from its $3 trillion market cap, but a new price target implies gains that should take it past that level and beyond. New analysis also suggests that even a slowdown in spending could not hurt … Read more